CICA-RE, significant increase of 2013's results

CICA-RE realized a net profit of 2.1 billion FCFA (4.4 million USD), an increase of 50% compared to 2012.

The turnover of the pan-African reinsurer increases in the same time by 20.25% to 25.9 billion FCFA (54.3 million USD).

James Redombo, Chairman of the Board of CICA-RE attributes the company's performances to "a strict underwriting policy and [to the] impact of consolidation measures in the CIMA area."